Northwire Canada EditionThursday, August 13, 2026
Northwire
CD 0.245 +8.9% DRY 0.310 +1.6% PAAS 73.10 +1.3% S 0.250 −2.0% VOXR 7.22 −0.4% NFG 2.32 +0.0% MFG 3.70 +0.0% ITH 3.90 +1.8% DML 4.59 +0.0% SEVA 0.285 −5.0% CLM 0.055 −8.3% ORE 2.65 −0.4% OOR 0.050 +0.0% MJS 0.095 −5.0% DBG 2.01 −1.0% MOG 0.630 +8.6% CD 0.245 +8.9% DRY 0.310 +1.6% PAAS 73.10 +1.3% S 0.250 −2.0% VOXR 7.22 −0.4% NFG 2.32 +0.0% MFG 3.70 +0.0% ITH 3.90 +1.8% DML 4.59 +0.0% SEVA 0.285 −5.0% CLM 0.055 −8.3% ORE 2.65 −0.4% OOR 0.050 +0.0% MJS 0.095 −5.0% DBG 2.01 −1.0% MOG 0.630 +8.6%
Drill Results

Purepoint Commences First-Pass Drilling at District-Scale Tabbernor Project

PTU · Price

Executive Summary

  • Purepoint Uranium Group announced the start of its first 1,500‑metre drill program at the 100 % owned Tabbernor Project in Saskatchewan’s Athabasca Basin.
  • The program will test five targets across two high‑priority structural/electromagnetic corridors within a 60‑km‑long graphitic conductor corridor.
  • The release provides extensive geological context, prior geophysical work, and the strategic significance of the Tabbernor Fault System for uranium exploration.

Key Details

  • Program Scope: 1,500 m total drilling length; five drill targets distributed across two high‑priority areas identified from earlier geophysical and structural interpretation (see Purepoint release Feb 24 2025).
  • Project Size & Location: Tabbernor Project covers >50,000 ha (23 contiguous claims, 51,670 ha) located ~40 km south of Cameco’s Eagle Point deposit.
  • Geophysical Highlights: Approximately 100 km of EM conductors mapped; airborne VTEM, MobileMT, gravity, and soil geochemical anomalies support target selection.
  • Structural Context: Targets lie within the Tabbernor Fault System (TFS), a >1,500‑km crustal shear zone that hosts historic gold mines and aligns with eight major uranium discoveries in the Basin.
  • Prior Work: Extensive airborne VTEM, MobileMT, gravity surveys, and structural mapping over four years identified graphitic conductors coincident with gravity/magnetic lows—key alteration markers for uranium deposits.
  • Adjacent Successes: Recent drilling on a neighboring property intersected significant mineralization linked to the central Tabbernor graphitic structure (referencing CanAlaska Uranium Ltd. press release, 27 Sept 2023).
  • Exploration Objective: First‑pass drilling aims to define potential and prioritize areas for more focused future drilling campaigns.
  • Qualified Person: Scott Frostad, BSc, MASc, PGeo – Vice President, Exploration – responsible for technical content.

Notable Quotes

“Tabbernor hosts a highly underexplored structural corridor in the Basin district with scale, structure, and proximity to known mineralization,” said Chris Frostad, President and CEO.
“We’ve spent the past two years systematically preparing to test this largely untouched corridor, and this program marks our first step in defining its potential.”

Read the original news release →

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